EUR/CHF may fall 11 - 26 pips

Pivot

0.9505

Our preference

Short positions below 0.9505 with targets at 0.9475 & 0.9460 in extension.

Alternative scenario

Above 0.9505 look for further upside with 0.9520 & 0.9540 as targets.

Comment

A break below 0.9475 would trigger a drop towards 0.9460.

Supports and resistances

0.9540

0.9520

0.9505

0.9486 Last

0.9475

0.9460

0.9445

Number of asterisks represents the strength of support and resistance levels.